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euro adhoc: Catalis N.V.
Catalis N.V.: Navigator Equity Solutions N.V. spin off on October 5, 2004 (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Eindhoven, October 5, 2004 - Catalis N.V. announces that after
authorisation by the District Court in The Netherlands the spin off
of Navigator Equity Solutions N.V. has been executed on October 5,
2004. The formal foundation of Navigator Equity Solutions N.V. will
take place on October 6, 2004. The record day relevant for
determining the number of shares to be spun-off will likely be
Friday, October 15, 2004 with share-trading "Ex-Navigator" commencing
on Monday, October 18, 2004. Like previously announced the spin off
ratio will be 1:1. Shares in Navigator Equity Solutions N.V. will be
booked into share accounts as soon as reasonably practicable. The
management is confident that this transaction represents a milestone
in generating value for Catalis N.V. shareholders.
end of announcement        euro adhoc 05.10.2004

Further inquiry note:

Catalis N.V.
Sarah McTweed
Pinewood Studios
Iver, Buckinghamshire
Slo oNH
United Kingdom
Tel: +44 1753 78 33 30
Fax: +44 1753 78 33 32

Branche: Semiconductors & active components
ISIN: NL0000233625
WKN: 927093
Index:
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

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